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    832 Highway 19 Meridian, MS 39307

    Sponsored
    For Sale
    $1,800,000

    High-traffic retail outpad, 22,000 SF

    Property size:
    22,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 22,000-square-foot retail outparcel presents a compelling investment opportunity in Meridian, Mississippi. Located at the highly visible and easily accessible intersection of Highway 19, Old Highway 80, and 49th Avenue, this property benefits from significant traffic volume due to its strategic placement at a busy, signaled intersection. The one-acre lot provides ample space for development or expansion, catering to a variety of retail uses. The property's multi-tenant capacity allows for diverse income streams and flexible leasing options. The asking price for this prime retail location is $1,800,000. Its convenient location in Lauderdale County, with a Meridian address and 39307 zip code, offers excellent visibility and accessibility for potential tenants and customers. The property's size and location make it ideal for a variety of retail businesses seeking high-traffic exposure in a thriving Mississippi market. This is a rare opportunity to acquire a well-positioned retail outparcel with significant growth potential. The property's strategic location at the apex of three major roadways ensures maximum visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Meridian area. This is a turnkey opportunity for investors seeking a strong return on investment in a high-demand retail market.

    Property Features for 832 Highway 19

    General Information

    Property type
    Lifestyle centers
    Square Feet
    22,000 SF
    Lot Size
    43,560 SF

    HighLights

    • 1 Acre retail outparcel for sale or lease.
    • High‑traffic intersection of Hwy 19, Old Hwy 80, and 49th Ave in Meridian, MS.
    • Additional information available at www.realestatesoutheast.com/?propertyId=1088481‑Meridian‑OutPad‑sale
    Property Profile Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store NFusionX Youth Organization Roses Discount Store Discount Store Tower Loan Loan Agency Young Fashion Cosmetics Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7300773
    Latitude
    32.3666411

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail outpad, 22,000 SF
    Where is this lifestyle center located?
    The property is located at 832 Highway 19 Meridian, MS.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 1 Acre retail outparcel for sale or lease.; High-traffic intersection of Hwy 19, Old Hwy 80, and 49th Ave in Meridian, MS.; Additional information available at www.realestatesoutheast.com/?propertyId=1088481-Meridian-OutPad-sale
    Request Owner's contact information
    832 Highway 19 Meridian, MS 39307
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    832 Highway 19
    Meridian, MS 39307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    832 Highway 19 Meridian, MS 39307
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